Founded in 2009, Pesapal provides a simple, safe and reliable way for individuals and businesses to make and accept payments in Africa. Pesapal is this morning pleased to announce the opening of a new office in Arusha, Tanzania. The office located at PPF Plaza along Old Moshi road is meant to cater to a growing demand for payment services by …

Safaricom PLC is a leading mobile network tech operator in Kenya. The company was founded in 1997 and it was a fully owned subsidiary of Telkom Kenya at the beginning. They provide a comprehensive range of highly integrated solutions in the telecommunication field. The solutions include voice and data bundles, SMS, Internet, and financial services. As from 2017 Annual Report, …

Piggybank.ng, an online and mobile app savings platform targeted at African millennials, this morning announced it has closed a seed funding of $1.1 million from high net worth individuals, led by Olumide Soyombo, founder of LeadPath Nigeria, and with participation from international and pan-African investors, Village Capital and Ventures Platform. “In a country such as Nigeria, almost everything has to be …

PayU has rolled out strategies to intensify efforts to connect businesses to Nigeria’s online payment market. Annual online payments in Nigeria is estimated to surpass N200 billion this year from N167 billion in 2016. Country Manager of PayU Nigeria, Ms Juliet Nwanguma,  says, “In order to pursue PayU’s aggressive expansion in the online payment market in Nigeria, we have identified businesses …

Wirecard AG, a global software and IT specialist for outsourcing and white label solutions for payment processing and issuing products, has announced that it has acquired 100% of MyGate Communications (Pty) Ltd (My Gate), a South African payments service provider (PSP). The company operates one of Africa’s largest and fastest growing online payment gateways and was recently voted the best …

Direct Pay Online is described as the home of online payments as it provides a secure online & mobile payment platform that supports all modes of payments and currencies. Your business can accept all major credit cards, PayPal and mobile money payments (including cross border mobile payments) from all mobile providers in Africa coupled with a fraud prevention strategy which …

The South African fintech startup Mama Money, which offers remittance services between South Africa and Zimbabwe , has expanded its money transfer service into Nigeria, Ghana and Tanzania. The idea was brought up in 2015 when Matt and Raphael were on a big yellow bus travelling across Africa and thought of a social business money transfer operator which provides a …

PesaPal an online payment platform service being offered for individuals and businesses to make and accept payments in Africa through simple, safe and secure methods has recently announced the introduction of American Express into its payment platform. American Express card holders will from the 27th of February, 2017 be able to use their cards to transact on any online payment …

With so many innovations surrounding mobile and technology in Sub Saharan Africa we see here an example of two industry players namely MTN Uganda and Standard Chartered coming together and releasing a mobile wallet platform to help the transactions between the Bank and MTN Mobile Money. With the likes of MPESA of Kenya showing much more steadfast innovation around mobile …

A Kenyan-based, U.S mobile technology and data science company,TALA, which operates within the scope of East Africa and South East Asia is focused on changing the way credit scoring and financial services are working around the world. In conjunction with IVP, a later stage venture capitalist and growth equity firm, together have managed to raise more than US$30million for funding …